3 years ago

Naked Energy Secures £1 Million Investment from Nesta Impact Investments

  • Naked Energy, a British solar tech startup, has raised £1 million in funding from Nesta Impact Investments

  • The funding will be used to expand the company's engineering and commercial teams and scale production of its cutting-edge solar technology

  • The deal comes as part of a funding round that has already seen investment from Barclays and ELM Companies

  • The company's Virtu collector combines high efficiency solar photovoltaic (PV) and solar thermal technology to generate both electricity and heat from a single collector

  • The technology is proven to be 3-4x more efficient than commonly seen solar panels and is perfect for businesses with high heat demand but limited roof space.

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